Wyly faces court battle with former partner
Sun Jun 1, 2003
Texas billionaire Sam Wyly - the man who famously seeded Lee
Ainslie at Maverick - has found himself embroiled in a court
case with his business partners and co-chairman of Ranger, a
relatively new multi-product hedge fund business. Russel Glass
is suing Wyly and his investment firm in a Delaware court for
allegedly violating a joint-venture agreement.
Glass, a longtime business associate of billionaire
ISSN: 2151-1845 / CDC10004H
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